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CONSOLIDATED BALANCE SHEETS - USD ($)
Mar. 31, 2023
Mar. 31, 2022
CURRENT ASSETS    
Cash and cash equivalents $ 14,532,943 $ 17,072,419
Accounts receivable 0 127,965
Prepaid expenses and other current assets 557,623 956,623
TOTAL CURRENT ASSETS 15,090,566 18,157,007
Property and equipment, net 1,144,004 441,238
Right-of-use lease asset 1,151,909 696,698
Patents, net 1,650 2,200
Restricted cash 87,506 87,506
Deposits 33,305 33,305
TOTAL ASSETS 17,508,940 19,417,954
CURRENT LIABILITIES    
Accounts payable 432,890 499,962
Due to related parties 214,221 155,742
Deferred revenue 0 344,547
Lease liability, current portion 269,386 126,905
Other current liabilities 588,592 696,893
TOTAL CURRENT LIABILITIES 1,505,089 1,824,049
Lease liability, less current portion 939,642 602,505
TOTAL LIABILITIES 2,444,731 2,426,554
COMMITMENTS AND CONTINGENCIES (Note 9)
STOCKHOLDERS’ EQUITY    
Common stock, $0.001 par value, 60,000,000 and 30,000,000 shares authorized at March 31, 2023 and 2022, respectively; 22,992,466 and 15,419,163 shares issued and outstanding at March 31, 2023 and 2022, respectively 22,994 15,421
Additional paid-in capital 157,405,911 147,446,868
Accumulated other comprehensive loss (6,141) 0
Accumulated deficit (142,358,555) (130,329,181)
TOTAL AETHLON MEDICAL, INC. STOCKHOLDERS’ EQUITY BEFORE NONCONTROLLING INTERESTS 15,064,209 17,133,108
NONCONTROLLING INTERESTS 0 (141,708)
TOTAL STOCKHOLDERS’ EQUITY 15,064,209 16,991,400
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 17,508,940 $ 19,417,954